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S-2771
EXTRAORDINARY
NOTIFICATION.
AN
ACT
CHAPTER 1: PRELIMINARY
Short title, extent, 1. (1) This Act may be called the Balochistan Public
commencement Private Partnership Act, 2018.
and application.
(2) It extends to the whole of Balochistan; except the
Tribal Areas.
(a)
(i) projects between any statutory body and any
Government department / attached
department / Authority / local authority;
(ii) projects which may be taken over by any
concessionaire or private sector entity on
privatization or dis-investment by any
Government department, attached
department, statutory body, State corporation,
local authority or agency; or
(iii) projects which have been expressly excluded
from the provisions of this Act or which are not
prescribed by the Government; and
(b) the procurement of goods, works or services
contemplated in Balochistan Public Procurement
Regulatory Authority Act, 2009 (Act No VIII of 2009).
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CHAPTER 2
ORGANIZATIONAL ARRANGEMENT
ESTABLISHMENT AND FUNCTIONS OF THE BALOCHISTAN PUBLIC
PRIVATE PARTNERSHIPS ENTITIES.
CHAPTER 3
Public Private Partnership Process.
Feasibility 15. (1) After the initial screening of a PPP project by the
Assessment. PPP Unit, the Government Agency shall, for the purposes of a
PPP project, shall undertake the following steps for further
development of the PPP project:
Unsolicited 17. (1) The PPP Unit in consultation with and under the
Proposals. supervision of the Committee shall prescribe special
guidelines for unsolicited proposals, which shall take care
of, inter-alia, the following:
(a) areas, sectors and projects for which
proposals may be taken as unsolicited
proposals;
(b) application process;
(c) treatment of unsolicited proposals;
(d) approval process; and
(e) prioritization and implementation strategy.
(2) Unless decided otherwise by the
Government, there shall be a presumption against
the grant of subsidy, financial or fiscal support for
unsolicited proposals.
CHAPTER 4
Viability Gap 22. (1) At any time after the commencement of this Act,
Fund. the Government shall establish a Viability Gap Fund to support
PPP projects and finance the gap between project revenues
constrained by affordability considerations and revenues
needed to generate a fair return on investment for the PPP
projects.
Infrastructure 24. The Government may establish, at least after eight years
Project of the promulgation of this Act, Infrastructure Project Financing
Financing Facility, a non-banking financial institution, if financial markets’
Facility position so demands. The Committee will recommend to the
(IPFF). Government, with justification, the establishment of IPFF when
pressing need emerges. The purpose of establishing such
institution will be to provide financial assistance in shape of loan
to the private partners. The IPFF will be established with the
financial assistance of multilateral and bilateral development
partners. The IPFF will make equity contributions in the local
currency to PPP projects or provide residual for 15-20-year
funding at commercial rates through fixed-rate rupee-based
loans if the financing needs of the private sponsors cannot be
fully met by the market. The IPFF would set minimum quality
standards for project proposals. Its day-to-day operations would
be independent from the Government, and reporting to the
Government would be made through its Board of Directors.
CHAPTER 5
MISCELLANEOUS.
Recovery of 31. (1) The Government Agency may recover the sum
costs, dues due from the private party as ascertained through the dispute
and fees. resolution procedure under this Act as arrears of land revenue
under the Balochistan Land Revenue Act, 1967.
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Protection of 32. No suit, claim or other legal proceedings shall lie against
action taken the Committee, a Government Agency or any member, officer,
in good faith. servant, adviser or a representative of the Committee in respect
of anything done or intended to be done in good faith under this
Act or under any rules or regulation made under the Act.
Power to 34. Subject to this Act and the rules, the Committee may,
frame with the prior approval of the and by notification in the official
regulations. Gazette, frame regulations to give effect to the provisions of this
Act.
Applicability 35. (1) The provisions of this Act shall apply to a project
to of any Government Agency if the estimated total cost of such
Government project exceeds fifty million rupees.
Agencies.
(2) A Government Agency may request the
Committee to process a project with an estimated total cost of
fifty million rupees or less, and the Committee shall proceed
with the project in the manner as if it falls within its jurisdiction.
Power to 37. Subject to this Act, the rules made hereunder, the
fame Committee may approve procedures and guidelines to make
guidelines. operations under this Act, efficient, transparent and effective.
FIRST SCHEDULE
SECOND SCHEDULE.
levies and collect the same either itself or entrust the collection
for consideration to any person who shall pay the same to the
Government Agency.
SHAMS-UD-DIN
Secretary.